1, BALLIOL CLOSE, BOGNOR REGIS, PO21 5QE - £230,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 BALLIOL CLOSE is a very small detached house of 76m², built sometime between 1950 and 1966, which could now be worth an estimated £376,451. It was last sold for £230,000 in August 2010, which was around 32% below the average August 2010 detached price in the Arun local authority area. The most recent EPC inspection was June 2010, where the current energy rating was E, and the potential energy rating was D.

1 BALLIOL CLOSE Sold Prices

Land registry data shows two sales for 1 BALLIOL CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Arun local authority area for the corresponding sale date. Both of the two 1 BALLIOL CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2010 12 AUG	£230,000	£340,607	32% below HPI
1996 16 SEP	£82,000	£103,467	21% below HPI

1 BALLIOL CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The two 1 BALLIOL CLOSE sales from September 1996 and August 2010 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the September 1996 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the August 2010 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 1 BALLIOL CLOSE be worth now?

1 BALLIOL CLOSE might now be worth an estimated £376,451.

This is based on house price inflation of 63.7%, between August 2010 and May 2026, for detached houses, in the Arun local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 63.7% inflationary increase is applied to the most recent sale price for 1 BALLIOL CLOSE of £230,000 on 12th August 2010. For the value to have increased from £230,000 to £376,451 over the sixteen years and three months to May 2026, the following assumptions must hold true:

• The value of 1 BALLIOL CLOSE has moved in line with the HPI for detached houses in the Arun local authority area.
• The August 2010 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 1 BALLIOL CLOSE has not materially changed since August 2010.

How Large is 1 BALLIOL CLOSE?

1 BALLIOL CLOSE is 76m² according to the EPC inspection conducted in June 2010. This puts it in the smallest 20% of detached houses houses in Bognor Regis, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bognor Regis, and where 1 BALLIOL CLOSE lies on this distribution: 12% of detached houses houses are smaller than 1 BALLIOL CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Bognor Regis.

1 BALLIOL CLOSE: Plot and Title Map

1 BALLIOL CLOSE sits on a plot of roughly 0.110 of an acre, or 445m². The below map shows the location of 1 BALLIOL CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 BALLIOL CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 BALLIOL CLOSE?

1 BALLIOL CLOSE is located in BOGNOR REGIS, in the PO21 postcode district. The below map shows the position of No. 1 on BALLIOL CLOSE.